100%

funded

Total loan: $525

Floresmila Monserrate

Flag of Ecuador
Portoviejo, Manabí Province, Ecuador / Retail

Floresmila Monserrate's loan finished fundraising,
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A loan helped to buy rice, sugar, detergent, deodorant, costume jewelry, etc.


Floresmila Monserrate's story

Floresmila Monserrate is 65 years old. She is a widow who has seven children who are grown and on their own. She lives in her own home.

They live in Portoviejo, which was impacted by the earthquake of April 16, 2016, and now by the Covid-19 pandemic. It is a city rich in the production of vegetables and tropical fruit for local consumption.

Floresmila Monserrate has a grocery store and a small tailoring shop in her home, and she sells Yanbal catalog items (beauty products, cosmetics, perfume and ladies' accessories).

She works daily. Her customers come for her tailoring services, so that she can make or mend clothes for them. They also buy groceries. She has Yanbal products in a display case. Her customers are after good prices, which she provides for them on credit.

She has suffered financial difficulties during this global crisis. Her customers are unable to pay her because some of them are unemployed. Others have died. She was in very bad shape at the beginning of the health crisis because she could not make any sales, but now, little by little, she is bringing things back in order to keep generating her income.

She will use this new loan to buy rice, sugar, detergent, deodorant, costume jewelry, etc. Her dream is to have a mega-store, and for her family to enjoy very good health.